The War on Wheat – How Much Bread Is On The Table?
IBKR Podcasts
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What's the Average Cost of Breakfast?
The average cost of breakfast, it seems, in the UK has gone up the most since this index began. Producer price growth for goods like wheat and wheat flour is falling rapidly. If we don't see a major shift in weather or geopolitical realm, disinflation in wheat products may play a role in dragging down broader food inflation.
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